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Abe wins extended term, faces Trump trade challenge (Japan)
The Asahi Shimbun ^ | September 21, 2018 | Reuters

Posted on 09/20/2018 7:27:34 PM PDT by 2ndDivisionVet

Liberal Democratic Party President Shinzo Abe acknowledges applause from the LDP lawmakers shortly after his name was called as the winner of the ruling party presidential elections at its headquarters in Tokyo on Sept. 20. (AP Photo)

Prime Minister Shinzo Abe won a ruling party leadership vote on Thursday, putting him on track to become Japan's longest-serving prime minister and to try to cement his legacy, including by revision of the country's pacifist, post-war Constitution.

If Abe, who quit abruptly after a troubled 2006-07 term, stays in office through November 2019, he will have exceeded the 2,886 days marked by Taro Katsura in the early 20th century.

"I want to tackle constitutional reform together with all of you," Abe told his Liberal Democratic Party (LDP) after the vote.

Abe, who surged back to power in 2012 promising to reboot the economy and strengthen national defense, defeated former defense minister Shigeru Ishiba in the LDP leadership election....

(Excerpt) Read more at asahi.com ...


TOPICS: Business/Economy; Culture/Society; Government; Japan; Politics/Elections
KEYWORDS: election; japan; shinzoabe; trade; trump; trumpasia

1 posted on 09/20/2018 7:27:34 PM PDT by 2ndDivisionVet
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To: 2ndDivisionVet

I think that this is good news because Abe has been a good leader for the Japanese so far and is preparing Japan to defend itself in a more turbulent world as China attempts retribution for every insult over the past 200 years.


2 posted on 09/20/2018 8:47:42 PM PDT by WMarshal (America First)
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To: WMarshal

Tax , tax and more tax ...Consumption tax ( tax on every good and service inc. medical bills , medicine , etc...) to be raised to 10% next year . LDP - the supposed “ conservative “ party’s idea . Abe supported it .


3 posted on 09/20/2018 9:30:23 PM PDT by sushiman (i)
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To: sushiman

Consumption taxes are conservative. Income taxes are progressive. This is fact.


4 posted on 09/20/2018 9:34:21 PM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: sushiman

Do they call it their “Fairtax”?


5 posted on 09/20/2018 10:39:41 PM PDT by lewislynn ( Jeff Sessions not a mouse or mr. magoo but a low life back stabbing bastard pretending to be AG)
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To: central_va

“Consumption taxes are conservative. Income taxes are progressive. This is fact.”

Per capita taxes are not progressive, consumption and income taxes are both progressive. “Conservative tax” is is just an oxymoron.


6 posted on 09/21/2018 5:12:23 AM PDT by Born to Conserve
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To: Born to Conserve

It is well know that sales taxes and tariffs are not progressive at all in any way. Where did you learn economics from, comic books?


7 posted on 09/21/2018 5:18:49 AM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: central_va

“It is well know that sales taxes and tariffs are not progressive at all in any way. Where did you learn economics from, comic books?”

Typical sales tax systems, which are generally called “flat” as opposed to “progressive”, usually exclude food, clothing, and other necessities, and usually include “luxuries”. If you are “poor”, much of your “consumption” is exempt, and if you are “rich”, most of your “consumption” is not exempt.

Since YOU started with the ad hominem attacks, I’ll play your game — “anyone who is not an idiot can see that sales tax systems are effectively progressive, not flat,” idiot.


8 posted on 09/21/2018 6:49:12 AM PDT by Born to Conserve
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To: Born to Conserve

Sales taxes are not progressive just because something is exempt. EVERYONE gets the exemption billionaires and paupers alike. Wow, you economically ignorant.


9 posted on 09/21/2018 6:52:38 AM PDT by central_va (I won't be reconstructed and I do not give a damn)
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